FG releases N11bn to pay accrued rights of retirees
Featured, Politics
RETIREES of treasury funded ministries, department and agencies, MDA, under the contributory pension scheme, CPS, have cause to smile now. The federal government has released N11.818 billion to pay the accrued rights of retirees.
Realnews reports that the accrued rights represent benefits for employees of Treasury Funded MDAs who worked up to June 2004, when the Pension Reform Act was introduced.
Real news gathered that the National Pension Commission, PENCOM appreciated the effort of the government at ensuring that the accrued rights arrears are cleared.
– Jan. 6, 2021 @ 8:26 GMT /
Tags: FG releases N11bn to pay accrued rights of retirees PENCOM
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